5 Industries Being Revolutionized By AI and Automation Technologies

3. Business and Financial Operations

Exposure Score: 5

Consensus Score: 3

Average Score: 4.0

In finance, AI optimizes credit decisions by providing faster and more accurate borrower assessments. AI also aids in risk management by analyzing vast amounts of data and identifying potential issues. It particularly does wonders in fraud prevention, detecting suspicious behavior in real-time.

On the other hand, trading benefits from AI’s ability to process data rapidly and make accurate predictions. The personalized banking is also improved with AI-powered chatbots and voice assistants, while process automation reduces costs and boosts productivity for businesses around the world.